Back in the early 90s, top tier games at the time (meaning Sierra On-Line for instance) also cost around $60. Factor inflation in and game prices have actually come down by about a third. A game that costs $60 in 1990 would cost $96 today, for example.

They're also about 3/4th's shorter. The average gameplay was 40+ hours for a '90s game. Most games nowadays struggle to get past 10 hours (Again, with a few exceptions).

So actually, they've gone up in price, for what you get.

Why do you think the "experimentation" with "episodic gaming" came out?